04-01-2014, 11:40 AM
Location: state of enlightenment
2,403 posts, read
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Reputation: 2500
Opinion: Las Vegas made a big, bad bet on casinos - CNN.com
...as the state's junior U.S. senator lamented in February, "I can tell you right now Nevada is nowhere close to a normal economy." Nevada's unemployment remains the second-highest in the nation, nearly 9%. The housing market there still languishes.
I thought housing was up 20%+ from the bottom.
04-01-2014, 02:06 PM
Location: Fort Wayne
360 posts, read
812,173 times
Reputation: 483
Quote:
Originally Posted by
geos
Opinion: Las Vegas made a big, bad bet on casinos - CNN.com
...as the state's junior U.S. senator lamented in February, "I can tell you right now Nevada is nowhere close to a normal economy." Nevada's unemployment remains the second-highest in the nation, nearly 9%. The housing market there still languishes.
I thought housing was up 20%+ from the bottom.
(Native Nevadan here)
The state fell a long ways during the recession and it's only now starting to climb back from that fall. That could take years more, or even decades. That means that anyone who expects things to return to the 1990s"boom" period within the next 5-10 years is simply going to be fooling themselves.
And the casinos aren't going to help things. Most aren't owned by locals and the majority of their profits are taken out of the state. They also aren't going to be the major employers that they once were and most of their jobs aren't the high wage, long-term employment opportunities upon which a major city can build its future.
Not just Las Vegas, but Nevada itself made a bad investment counting on the casinos being its future. That was done almost 60 years ago, and the blowback from that questionable decision is now becoming apparent.
04-01-2014, 02:15 PM
Location: Under a bridge
2,420 posts, read
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Reputation: 2496
When I visit Las Vegas (about a half dozen times per year) I spend very, very little on slots and at the tables (Blackjack). I choose not to play more because I
NEVER win and I know I will
NEVER win. Gambling changed when the corporations took over. They built the casinos too large and too fancy and with this everything else got too expensive. ($10 for a Rum and Coke at the casino bars? Seriously?) People stay home or go to the local Indian Casinos where they can drive back home on the same day and not need to spend more on gasoline or spend on a hotel room and meals are cheaper. The odds of winning at an Indian casino are the same as they are in Las Vegas but without the extra expenses I just mentioned. Perhaps people will return and spend/gamble when earnings improve and the middle class stops getting pinched. IMO it wouldn't hurt for Las Vegas to "scale" down the hotels and casinos and image a bit and make it up on volume.
-Cheers.
04-01-2014, 02:59 PM
Location: Here and there, you decide.
12,908 posts, read
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Reputation: 5057
Quote:
Originally Posted by
geos
Opinion: Las Vegas made a big, bad bet on casinos - CNN.com
...as the state's junior U.S. senator lamented in February, "I can tell you right now Nevada is nowhere close to a normal economy." Nevada's unemployment remains the second-highest in the nation, nearly 9%. The housing market there still languishes.
I thought housing was up 20%+ from the bottom.
depends on the neighborhood… my development up 50% or more from the bottom…
2005 - 509k
2008 - 252k
2010 - 169k
2014 - 289k duplicate home across the street just sold as a reo. no pool… 2 weeks to sell….
cheapest house in the neighborhood sold for 235k recently… 1900sf no pool
04-01-2014, 03:01 PM
Location: Here and there, you decide.
12,908 posts, read
27,998,514 times
Reputation: 5057
Quote:
Originally Posted by
MountainBiking
When I visit Las Vegas (about a half dozen times per year) I spend very, very little on slots and at the tables (Blackjack). I choose not to play more because I
NEVER win and I know I will
NEVER win. Gambling changed when the corporations took over. They built the casinos too large and too fancy and with this everything else got too expensive. ($10 for a Rum and Coke at the casino bars? Seriously?) People stay home or go to the local Indian Casinos where they can drive back home on the same day and not need to spend more on gasoline or spend on a hotel room and meals are cheaper. The odds of winning at an Indian casino are the same as they are in Las Vegas but without the extra expenses I just mentioned. Perhaps people will return and spend/gamble when earnings improve and the middle class stops getting pinched. IMO it wouldn't hurt for Las Vegas to "scale" down the hotels and casinos and image a bit and make it up on volume.
-Cheers.
oh please…. the casinos are packed in the evenings…. Even Southpoint's casino floor was packed last weekend….
and 10. for a drink is pretty common in big cities…
they are 8. at the Olive Garden for cry in' out loud
04-01-2014, 03:44 PM
Location: Idaho
836 posts, read
1,662,455 times
Reputation: 1561
Letting bean counters have the deciding vote has run many a company into the ground.
My parents used to enjoy The Old Vegas and brag about a cheap meal or room; having to make every angle profitable makes people feel like they are getting screwed so they vote with their feet.
Love to see Vegas covered with ivy a la Planet of the Apes
04-01-2014, 03:47 PM
13,586 posts, read
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Reputation: 17786
Quote:
Originally Posted by
notoriouskelly
Letting bean counters have the deciding vote has run many a company into the ground.
My parents used to enjoy The Old Vegas and brag about a cheap meal or room; having to make every angle profitable makes people feel like they are getting screwed so they vote with their feet.
Love to see Vegas covered with ivy a la Planet of the Apes
Not gonna happen. This town's demise has been predicted many times before.
04-01-2014, 03:57 PM
Location: Paradise Palms, Las Vegas, Nevada
555 posts, read
1,259,412 times
Reputation: 712
Quote:
Originally Posted by
notoriouskelly
Letting bean counters have the deciding vote has run many a company into the ground.
My parents used to enjoy The Old Vegas and brag about a cheap meal or room; having to make every angle profitable makes people feel like they are getting screwed so they vote with their feet.
Love to see Vegas covered with ivy a la Planet of the Apes
Your folks can go to Branson and get a cheap meal and room. It's nice there, they don't ever have to come to Las Vegas anymore and when I was there a few years ago, I noticed it was a much older crowd of visitors. I bet your folks would love it!
Considering your location is beautiful Idaho I can see why you would hate Las Vegas. It's everything Idaho is NOT. Thanks for your opinion.
But I believe you had better let the other 40 million visitors to Las Vegas last year know that Vegas has been covered with ivy like in the Planet of the Apes, lol
Loved that movie, btw!
Las Vegas has welcomed 40 million visitors in 2013Travel Press Release
Last edited by Kitchen Witch; 04-01-2014 at 04:07 PM ..
04-01-2014, 04:11 PM
Location: Fort Wayne
360 posts, read
812,173 times
Reputation: 483
Quote:
Originally Posted by
airics
oh please…. the casinos are packed in the evenings…. Even Southpoint's casino floor was packed last weekend….
Sooo…charging tourists MORE for what they can get closer to home is a GOOD business model?
And casinos being "packed" (your perception) doesn't mean that they are earning more.
Or even what they used to.
And if people want to pay a lot for a drink, why don't they go to bars outside of casinos and then stop drinking at casinos altogether? After all, the alcohol is there to make certain that they CONTINUE to gamble. If they drink less, they'll gamble less.
04-01-2014, 04:23 PM
6,385 posts, read
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Reputation: 6875
Casinos have never generated more revenue than now. They make slightly less on gaming but have seen blowout numbers from everything else. Dumb article by someone who doesn't really know the business. Bet he has no clue Steve Wynn spent $60 million on his day club and made the money back in about a year. Yeah real dumb guy that Steve Wynn building billions of dollars worth of casinos in Las Vegas.
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Urban houses (%)
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People in Group quarters - On base (%)
People in Group quarters - Barracks, unaccompanied personnel housing (UPH), (Enlisted/Officer), ;and similar group living quarters for military personnel (%)
People in Group quarters - Transient quarters for temporary residents (%)
People in Group quarters - Military ships (%)
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People in Group quarters - Homes for the mentally ill (%)
People in Group quarters - Homes for the mentally retarded (%)
People in Group quarters - Homes for the physically handicapped (%)
People in Group quarters - Other group homes (%)
People in Group quarters - Religious group quarters (%)
People in Group quarters - Dormitories (%)
People in Group quarters - Agriculture workers' dormitories on farms (%)
People in Group quarters - Job Corps and vocational training facilities (%)
People in Group quarters - Other workers' dormitories (%)
People in Group quarters - Crews of maritime vessels (%)
People in Group quarters - Other nonhousehold living situations (%)
People in Group quarters - Other noninstitutional group quarters (%)
Residents speaking English at home (%)
Residents speaking English at home - Born in the United States (%)
Residents speaking English at home - Native, born elsewhere (%)
Residents speaking English at home - Foreign born (%)
Residents speaking Spanish at home (%)
Residents speaking Spanish at home - Born in the United States (%)
Residents speaking Spanish at home - Native, born elsewhere (%)
Residents speaking Spanish at home - Foreign born (%)
Residents speaking other language at home (%)
Residents speaking other language at home - Born in the United States (%)
Residents speaking other language at home - Native, born elsewhere (%)
Residents speaking other language at home - Foreign born (%)
Class of Workers - Employee of private company (%)
Class of Workers - Self-employed in own incorporated business (%)
Class of Workers - Private not-for-profit wage and salary workers (%)
Class of Workers - Local government workers (%)
Class of Workers - State government workers (%)
Class of Workers - Federal government workers (%)
Class of Workers - Self-employed workers in own not incorporated business and Unpaid family workers (%)
House heating fuel used in houses and condos - Utility gas (%)
House heating fuel used in houses and condos - Bottled, tank, or LP gas (%)
House heating fuel used in houses and condos - Electricity (%)
House heating fuel used in houses and condos - Fuel oil, kerosene, etc. (%)
House heating fuel used in houses and condos - Coal or coke (%)
House heating fuel used in houses and condos - Wood (%)
House heating fuel used in houses and condos - Solar energy (%)
House heating fuel used in houses and condos - Other fuel (%)
House heating fuel used in houses and condos - No fuel used (%)
House heating fuel used in apartments - Utility gas (%)
House heating fuel used in apartments - Bottled, tank, or LP gas (%)
House heating fuel used in apartments - Electricity (%)
House heating fuel used in apartments - Fuel oil, kerosene, etc. (%)
House heating fuel used in apartments - Coal or coke (%)
House heating fuel used in apartments - Wood (%)
House heating fuel used in apartments - Solar energy (%)
House heating fuel used in apartments - Other fuel (%)
House heating fuel used in apartments - No fuel used (%)
Armed forces status - In Armed Forces (%)
Armed forces status - Civilian (%)
Armed forces status - Civilian - Veteran (%)
Armed forces status - Civilian - Nonveteran (%)
Fatal accidents locations in years 2005-2021
Fatal accidents locations in 2005
Fatal accidents locations in 2006
Fatal accidents locations in 2007
Fatal accidents locations in 2008
Fatal accidents locations in 2009
Fatal accidents locations in 2010
Fatal accidents locations in 2011
Fatal accidents locations in 2012
Fatal accidents locations in 2013
Fatal accidents locations in 2014
Fatal accidents locations in 2015
Fatal accidents locations in 2016
Fatal accidents locations in 2017
Fatal accidents locations in 2018
Fatal accidents locations in 2019
Fatal accidents locations in 2020
Fatal accidents locations in 2021
Alcohol use - People drinking some alcohol every month (%)
Alcohol use - People not drinking at all (%)
Alcohol use - Average days/month drinking alcohol
Alcohol use - Average drinks/week
Alcohol use - Average days/year people drink much
Audiometry - Average condition of hearing (%)
Audiometry - People that can hear a whisper from across a quiet room (%)
Audiometry - People that can hear normal voice from across a quiet room (%)
Audiometry - Ears ringing, roaring, buzzing (%)
Audiometry - Had a job exposure to loud noise (%)
Audiometry - Had off-work exposure to loud noise (%)
Blood Pressure & Cholesterol - Has high blood pressure (%)
Blood Pressure & Cholesterol - Checking blood pressure at home (%)
Blood Pressure & Cholesterol - Frequently checking blood cholesterol (%)
Blood Pressure & Cholesterol - Has high cholesterol level (%)
Consumer Behavior - Money monthly spent on food at supermarket/grocery store
Consumer Behavior - Money monthly spent on food at other stores
Consumer Behavior - Money monthly spent on eating out
Consumer Behavior - Money monthly spent on carryout/delivered foods
Consumer Behavior - Income spent on food at supermarket/grocery store (%)
Consumer Behavior - Income spent on food at other stores (%)
Consumer Behavior - Income spent on eating out (%)
Consumer Behavior - Income spent on carryout/delivered foods (%)
Current Health Status - General health condition (%)
Current Health Status - Blood donors (%)
Current Health Status - Has blood ever tested for HIV virus (%)
Current Health Status - Left-handed people (%)
Dermatology - People using sunscreen (%)
Diabetes - Diabetics (%)
Diabetes - Had a blood test for high blood sugar (%)
Diabetes - People taking insulin (%)
Diet Behavior & Nutrition - Diet health (%)
Diet Behavior & Nutrition - Milk product consumption (# of products/month)
Diet Behavior & Nutrition - Meals not home prepared (#/week)
Diet Behavior & Nutrition - Meals from fast food or pizza place (#/week)
Diet Behavior & Nutrition - Ready-to-eat foods (#/month)
Diet Behavior & Nutrition - Frozen meals/pizza (#/month)
Drug Use - People that ever used marijuana or hashish (%)
Drug Use - Ever used hard drugs (%)
Drug Use - Ever used any form of cocaine (%)
Drug Use - Ever used heroin (%)
Drug Use - Ever used methamphetamine (%)
Health Insurance - People covered by health insurance (%)
Kidney Conditions-Urology - Avg. # of times urinating at night
Medical Conditions - People with asthma (%)
Medical Conditions - People with anemia (%)
Medical Conditions - People with psoriasis (%)
Medical Conditions - People with overweight (%)
Medical Conditions - Elderly people having difficulties in thinking or remembering (%)
Medical Conditions - People who ever received blood transfusion (%)
Medical Conditions - People having trouble seeing even with glass/contacts (%)
Medical Conditions - People with arthritis (%)
Medical Conditions - People with gout (%)
Medical Conditions - People with congestive heart failure (%)
Medical Conditions - People with coronary heart disease (%)
Medical Conditions - People with angina pectoris (%)
Medical Conditions - People who ever had heart attack (%)
Medical Conditions - People who ever had stroke (%)
Medical Conditions - People with emphysema (%)
Medical Conditions - People with thyroid problem (%)
Medical Conditions - People with chronic bronchitis (%)
Medical Conditions - People with any liver condition (%)
Medical Conditions - People who ever had cancer or malignancy (%)
Mental Health - People who have little interest in doing things (%)
Mental Health - People feeling down, depressed, or hopeless (%)
Mental Health - People who have trouble sleeping or sleeping too much (%)
Mental Health - People feeling tired or having little energy (%)
Mental Health - People with poor appetite or overeating (%)
Mental Health - People feeling bad about themself (%)
Mental Health - People who have trouble concentrating on things (%)
Mental Health - People moving or speaking slowly or too fast (%)
Mental Health - People having thoughts they would be better off dead (%)
Oral Health - Average years since last visit a dentist
Oral Health - People embarrassed because of mouth (%)
Oral Health - People with gum disease (%)
Oral Health - General health of teeth and gums (%)
Oral Health - Average days a week using dental floss/device
Oral Health - Average days a week using mouthwash for dental problem
Oral Health - Average number of teeth
Pesticide Use - Households using pesticides to control insects (%)
Pesticide Use - Households using pesticides to kill weeds (%)
Physical Activity - People doing vigorous-intensity work activities (%)
Physical Activity - People doing moderate-intensity work activities (%)
Physical Activity - People walking or bicycling (%)
Physical Activity - People doing vigorous-intensity recreational activities (%)
Physical Activity - People doing moderate-intensity recreational activities (%)
Physical Activity - Average hours a day doing sedentary activities
Physical Activity - Average hours a day watching TV or videos
Physical Activity - Average hours a day using computer
Physical Functioning - People having limitations keeping them from working (%)
Physical Functioning - People limited in amount of work they can do (%)
Physical Functioning - People that need special equipment to walk (%)
Physical Functioning - People experiencing confusion/memory problems (%)
Physical Functioning - People requiring special healthcare equipment (%)
Prescription Medications - Average number of prescription medicines taking
Preventive Aspirin Use - Adults 40+ taking low-dose aspirin (%)
Reproductive Health - Vaginal deliveries (%)
Reproductive Health - Cesarean deliveries (%)
Reproductive Health - Deliveries resulted in a live birth (%)
Reproductive Health - Pregnancies resulted in a delivery (%)
Reproductive Health - Women breastfeeding newborns (%)
Reproductive Health - Women that had a hysterectomy (%)
Reproductive Health - Women that had both ovaries removed (%)
Reproductive Health - Women that have ever taken birth control pills (%)
Reproductive Health - Women taking birth control pills (%)
Reproductive Health - Women that have ever used Depo-Provera or injectables (%)
Reproductive Health - Women that have ever used female hormones (%)
Sexual Behavior - People 18+ that ever had sex (vaginal, anal, or oral) (%)
Sexual Behavior - Males 18+ that ever had vaginal sex with a woman (%)
Sexual Behavior - Males 18+ that ever performed oral sex on a woman (%)
Sexual Behavior - Males 18+ that ever had anal sex with a woman (%)
Sexual Behavior - Males 18+ that ever had any sex with a man (%)
Sexual Behavior - Females 18+ that ever had vaginal sex with a man (%)
Sexual Behavior - Females 18+ that ever performed oral sex on a man (%)
Sexual Behavior - Females 18+ that ever had anal sex with a man (%)
Sexual Behavior - Females 18+ that ever had any kind of sex with a woman (%)
Sexual Behavior - Average age people first had sex
Sexual Behavior - Average number of female sex partners in lifetime (males 18+)
Sexual Behavior - Average number of female vaginal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a woman (18+)
Sexual Behavior - Average number of woman performed oral sex on in lifetime (18+)
Sexual Behavior - Average number of male sex partners in lifetime (males 18+)
Sexual Behavior - Average number of male anal sex partners in lifetime (males 18+)
Sexual Behavior - Average age people first performed oral sex on a man (18+)
Sexual Behavior - Average number of male oral sex partners in lifetime (18+)
Sexual Behavior - People using protection when performing oral sex (%)
Sexual Behavior - Average number of times people have vaginal or anal sex a year
Sexual Behavior - People having sex without condom (%)
Sexual Behavior - Average number of male sex partners in lifetime (females 18+)
Sexual Behavior - Average number of male vaginal sex partners in lifetime (females 18+)
Sexual Behavior - Average number of female sex partners in lifetime (females 18+)
Sexual Behavior - Circumcised males 18+ (%)
Sleep Disorders - Average hours sleeping at night
Sleep Disorders - People that has trouble sleeping (%)
Smoking-Cigarette Use - People smoking cigarettes (%)
Taste & Smell - People 40+ having problems with smell (%)
Taste & Smell - People 40+ having problems with taste (%)
Taste & Smell - People 40+ that ever had wisdom teeth removed (%)
Taste & Smell - People 40+ that ever had tonsils teeth removed (%)
Taste & Smell - People 40+ that ever had a loss of consciousness because of a head injury (%)
Taste & Smell - People 40+ that ever had a broken nose or other serious injury to face or skull (%)
Taste & Smell - People 40+ that ever had two or more sinus infections (%)
Weight - Average height (inches)
Weight - Average weight (pounds)
Weight - Average BMI
Weight - People that are obese (%)
Weight - People that ever were obese (%)
Weight - People trying to lose weight (%)
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